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BHUSHAN STEEL vs TATA SPONGE - Comparison Results

More on BHUSHAN STEEL

Bhushan Steels & Strips manufactures cold rolled strips at its plant at Sahibabad in Ghaziabad district in Uttar Pradesh. The company was taken over by Bhushan Singal and his two sons in the year 1987. Bhushan Steels has positioned itself as a niche ... Moreplayer targeting the automobile and the white goods industry. It has set up 6 Hi-Universal Crown Mill, a product of Hitachi, Japan which produces 1600 mm wide steel, reputed to be the widest in the country.

TATA SPONGE

More on TATA SPONGE

Tata Sponge Iron Ltd. (TSIL) is India's leading sponge iron manufacturer with operations in Orissa. The company was initially set up as a joint venture company between Tata Steel and the Industrial Promotion and Investment Corporation of Orissa Ltd. ... More(IPICOL). In 1991, it became an associate company of Tata Steel following its acquisition of IPICOL's stake. Tata Steel currently owns a near 40% stake in TSIL. Starting from a sponge iron production capacity of 90,000 tonne per annum (TPA), the company currently has a capacity of 390,000 TPA. It also operates a 26 MW power generation capacity. Over the past ten years (FY00-FY10), the company has grown its sales and net profits at average annual rates of 15% and 25% respectively while also maintaining health operating margins and return ratios.

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